Half Year 2020 Prysmian SpA Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. And welcome to the Prysmian Group First Half 2020 Financial Results Q&A. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, 30th of July 2020.
I would now like to hand the conference over to your first speaker today, Valerio Battista. Thank you. Please go ahead.
Thank you very much, and good afternoon to everyone. Valerio Battista is -- I'm here in the headquarter with some of the colleagues.
Numbers of the first half, the highlights. Organic sales growth minus 11.8%, obviously negative because of the market trend. Not as negative as it could have been, maybe, but still very tough. Sharp decline, as expected, in Telecom, worsened obviously by the COVID effect. It was expected, but it has been a little bit worst. Weak trend for the T&I. All the construction market has been affected by the pandemic. The year was not so bad, started not so bad. But since mid of February, the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
